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In History / High School | 2014-10-23

Corporations had the important advantage of reducing the financial risk for whom?

Asked by ChristianeLattanzio

Answer (3)

For individual investigators. :)

Answered by Anonymous | 2024-06-10

Corporations reduce the financial risk for owners and investors.

Answered by Crystal7174 | 2024-06-10

Incorporations reduce financial risk by providing limited liability to shareholders, meaning they are only liable for their investment in the company. This structure encourages investment, innovation, and entrepreneurship, protecting personal assets of the owners. It has played a significant role in economic growth, especially during the industrial revolution.
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Answered by Anonymous | 2024-12-26